C-26, r. 48 - Code of ethics of certified general accountants

Section 4.01.02 Disposition versions

2012-09-01

4.01.02. It is also derogatory to the dignity of the profession for a member who practises within a partnership or joint-stock company

(1)  to fail to take necessary measures to put an end to an act derogatory to the dignity of the profession of certified general accountant performed by a person carrying on professional activities within the partnership or joint-stock company and of which the member has been aware for more than 30 days, or to prevent such an act from being repeated;

(2)  to continue to carry on activities within the partnership or joint-stock company or to have an interest in the partnership or joint-stock company when the member has reason to believe that directors, shareholders, partners or employees practise a profession, carry on a trade, enterprise or business or hold an office or function that is inconsistent with the practice of the profession; or

(3)  to continue to carry on activities within the partnership or joint-stock company when a person referred to in subparagraph a of subparagraph 1 of the first paragraph of section 1 or subparagraph a of subparagraph 1 of the first paragraph of section 2 of the Regulation respecting the practice of the certified general accountancy profession within a partnership or joint-stock company (chapter C-26, r. 55) who holds voting shares or who acts as a director or officer of a partnership or joint-stock company is struck from the roll or has his or her permit revoked.

O.C. 1095-2005, s. 14.